The recall includes 2.5 million vehicles sold in the U.S. between 2007 and 2009. Toyota said it failed to evenly apply grease to the driver's side power window switch during assembly. As a result, normal operation of the switch could cause the assembly to melt, potentially leading to smoke or fire.
No crashes had resulted from the faulty switch. However, more than 200 problems were reported in the U.S., with a smaller number of problems elsewhere, including 39 in Japan, according to The Associated Press.
In the U.S., vehicles involved include 938,100 Camrys; 337,100 Tundras; 336,400 RAV4s; 270,900 Corollas and smaller numbers of the Yaris, Camry Hybrid, Scion xD, Scion xA, Sequia, Highlander, Highlander Hybrid and Matrix. Owners of vehicles covered by the recall will receive notification letters starting late this month. Repairs, offered free of charge, will take about one hour.Over the past several years, Toyota has recalled 14 million vehicles, putting a dent in its long-standing reputation for quality. However, Toyota buyers generally remain loyal and this year Toyota sales are soaring following production shortfalls a year ago because of the earthquake and tsunami in Japan. Follow @tedreednc -- Written by Ted Reed in Charlotte, N.C. >To contact the writer of this article, click here: Ted Reed
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV